Sector: Equities

Guest comment: The CFA charter is the gold standard

John Bowman, CFA head of educational products tells us why having ‘Chartered Financial Analyst’ (CFA) after your name will make all the difference to your career. While supervising the examination in Los Angeles last Saturday, it struck me how much growth the CFA Program has experienced in the last decade. Over 126,000 candidates in more [...]

China IPOs fuel ECM hiring

A record number of Chinese IPOs is fuelling demand for equity capital markets (ECM) staff in Hong Kong. The world’s largest IPO, the $19 billion Industrial and Commercial Bank of China (ICBC) deal, was executed last month and there’s more to come. UBS officials told the New York Times they’re working on two dozen Chinese [...]

Hong Kong hiring quadruples

Investment banks the world over are bulking up their acquisition, finance and underwriting teams in Asia to meet the demand from private equity groups. Reuters says financial sponsor teams have quadrupled in size in less than a year at some banks based in Hong Kong. The major regional players in private equity M&A include Citigroup, [...]

Lehman builds in equity sales

Lehman Brothers has marked its commitment to expanding its Asian business with the appointment of Christopher Wendel, previously of Goldman Sachs, to head its equity sales practice for Asia. Wendel is charged with the task of broadening Lehman’s equity client franchises throughout Asia and Japan, FinanceAsia reports. Wendel is the latest in a line of [...]

Citigroup hiring researchers in Asia

Citigroup has made over 20 hires in Asian equity research, and expects to hire up to 10 more by the end of the year. Adrian Faure, managing director and director of Asia-Pacific equity research at Citigroup, told Finance Asia that the bank plans to expand its coverage from approximately 450 Asian stocks to 600 by [...]

UBS boosts equities team

UBS is boosting its Hong Kong market-access desk in Asia. Joe Cavatoni, Asian head of equity swaps in Hong Kong told the private banking news site WealthBriefing.com, “This is as a result of increased business – we need more bodies out here.” The business has already transferred Anita Daryanani, director on the securities lending desk [...]

Citi to beef up hybrid trading

News reports suggest Citigroup is preparing to follow in the footsteps of Goldman Sachs, JP Morgan and Morgan Stanley in forming a regional hybrid trading desk in Asia. Derivatives Week says the new desk will be a standalone joint venture between the debt and equity divisions, staffed by an initial team of three people. At [...]

Derivatives structurers: appetite is massive

Are you a derivatives structurer? If the answer is yes, banks in Hong Kong and Singapore are eager to hire you – particularly if your forte happens to be structuring equity derivative products. Hong Kong recruiters say banks’ appetite for derivatives whiz kids is being stoked by soaring hedge fund investment, by Asian investors’ growing [...]